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Stripe, Advent Offer $53B to Acquire PayPal: Report

Payments company Stripe and private equity firm Advent International reportedly made a joint offer to acquire PayPal Holdings.The offer includes about $50 billion in...
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Litecoin

Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

Kalshi says it is being put in an “impossible position” after the US commodities regulator on Tuesday said it was blocking the prediction market...
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Litecoin

US Treasury, Tether Freezes $131M in Crypto Tied to Iran

US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to...
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Litecoin

Bitmine Generated $46M from Ethereum Staking Last Quarter

Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform...
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Litecoin

Over 95% of Coinbase’s Code is Written with AI: Rob Witoff

Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to...
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Litecoin

Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon

The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers,...
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Litecoin

Velocity Lands $38M to Build Enterprise Stablecoin Payment Infrastructure

Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use...
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Litecoin

UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach

The UK’s tax authority announced that it planned to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively...
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